IFS (STO:IFSA) (STO:IFSB), the global enterprise applications company,
announces that Wilhelmsen Ships Service (WSS), the world's leading
maritime services provider and fully-owned subsidiary of Wilhelmsen
Maritime Services, has chosen to upgrade to IFS Applications 8™ across
its global organization. The contract includes licenses and services
worth approximately NKr 59 million.

By implementing IFS Applications 8, WSS is expanding its use of IFS
technology in several business streams and processes. The implementation
will help WSS to standardize and optimize work processes such as supply
chain, finance, sales, and service. The IFS solution will be rolled out
to some 2,000 users working throughout WSS’ global network

IFS Applications 8 will replace several legacy systems, thereby creating
a more efficient business solution architecture.

“Since the first implementation in 1999, we have established a good
working relation with IFS,” Mette Ungersness Bakke, chairman of
Wilhelmsen IT Services said. “By leveraging IFS Applications 8 as our
central platform, we will be able to further streamline our operations
and move towards a standard business system.”

“We are proud of WSS’ continued confidence in our solutions and
services,” IFS Scandinavia CEO Glenn Arnesen said. “IFS Applications 8
is based on our accumulated industry best practices, available as
out-of-the-box, standard functionality. By standardizing its global
processes, we are convinced that WSS will benefit from increased
operational efficiency and control.”

The implementation project will start in August.

About Wilhelmsen Ships Service

Wilhelmsen Ships Service AS is part of Wilhelmsen Maritime Services, a
Wilh. Wilhelmsen Group Company. It has the world’s largest maritime
services network, with 4,500 marine professionals servicing 2,400 ports
in 125 countries. Wilhelmsen Ships Service supplies safety products and
services, Unitor products, Unitor and Nalfleet marine chemicals,
maritime logistics and ships agency to the maritime industry. Last year
the company made product deliveries to 25 000 vessels and handled 65 000
port calls.

About IFS

IFS™ is a public company (XSTO: IFS) founded in 1983 that develops,
supplies, and implements IFS Applications™, a component-based extended
ERP suite. IFS focuses on industries where management of any of the
following four core processes is strategic: service & asset,
manufacturing, supply chain, and projects. The company has 2,100
customers and is present in approximately 60 countries with 2,800
employees in total. Net revenue in 2012 was SKr 2.7 billion.